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Tag: qantas
Moody's says Qantas credit rating can survive fuel price rise
2016-03-10 09:05:02| Airlines - Topix.net
Qantas Airways has a strong enough balance sheet to withstand a more than doubling in the price of jet fuel without losing its investment-grade credit rating , says Moody's. In addition to its hedged position this financial year, the airline has already hedged 77 per cent of its fuel requirement for the 2016-17 financial year.
Tags: price
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Qantas reports half-year profit trebled to $497 million
2016-02-23 08:41:12| Airlines - Topix.net
Qantas Airways Ltd. on Tuesday reported that its latest half-year profit had more than trebled to a record 688 million Australian dollars on the back of low fuel prices and a falling Australian dollar. The Australian airline's net profit for the six months through December was up 239 percent on AU$203 million for the previous corresponding half year, boosted by the AU$448 million saved through hedging on lower fuel prices.
Tags: reports
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Qantas soars to record half-year profit
2016-02-23 01:45:08| BBC News | Business | UK Edition
Lower oil prices has helped Qantas post a record underlying pre-tax profit of A$921m ($665m; 470m) for the six months to December.
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Capital return and fuel savings: What to look for in Qantas results
2016-02-22 03:42:05| Airlines - Topix.net
Qantas Airways is poised to report a half-year underlying profit before tax in the range of $875 million to $925 million on Tuesday morning after having provided the guidance range to the market in mid-December . Depending on the exact figure, the airline could beat the half-year profit record to date of $905 million before tax set in the first half of the 2008 financial year.
Tags: results
return
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savings
Qantas announces soaring profits, renewed partnership with Woolworths
2015-12-15 20:20:03| Grocery - Topix.net
Qantas has announced its expecting a massive jump in profits for the first six months of 2016, and a new deal with Woolworths around frequent flyer points. In a market update, the airline said it expects first-half pre-tax profit to be in the range of $875 to $925 million, compared to a profit of $367 million posted in the first half of financial year 2015.
Tags: partnership
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